Dell, Microsoft, Chipotle are big movers

AP News
Posted: Apr 19, 2013 6:49 PM

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:


Dell Inc., down 55 cents at $13.40

The Blackstone Group LP said that it is dropping its effort to buy the computer maker, citing slumping personal computer sales.

General Electric Co., down 92 cents at $21.75

The conglomerate's first-quarter earnings rose, but results were held back by worse-than-expected economic conditions in Europe.

Chipotle Mexican Grill Inc., up $37.89 at $366.25

New locations helped fuel sales and pushed the Mexican restaurant chain's first-quarter results above Wall Street expectations.

Wipro Ltd., down 35 cents at $8.13

Shares of the Indian outsourcing company fell even though its quarterly profit rose 17 percent as revenue grew.

International Business Machines Corp., down $17.15 at $190

The technology company said that its first-quarter net income and revenue fell. The results fell short of expectations.

B&G Foods Inc., up $1.96 at $30.07

The food maker's first-quarter net income jumped 17 percent thanks to a rise in sales from its New York Style and Old London brands.


Microsoft Corp., up 97 cents at $29.76

The software company's fiscal third-quarter revenue and net income surged, and it said it is making a line of small touch-screen devices.

Briggs & Stratton Corp., down $1.34 at $20.81

The engine maker's third-quarter net income fell 4 percent due to weak international demand and unfavorable weather conditions.